Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s): T.LCS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share, and the opportunity for growth in Net Asset Value per share. To achieve these objectives, the Fund invests in a common share portfolio of the following Canadian life insurance companies on an equally weighted basis at the time of investment and any subsequent rebalancing.

TSX:LCS - Post by User

Brompton Lifeco Split Corp > LCS in realtime @ $17.23

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Post by mousermanon Mar 05, 2024 10:31am

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Post# 35915646

LCS in realtime @ $17.23

Looking at a gain of about 30 cents since thursday update.
Dont have any LCS , but have a lot of LFE, which is above the 15 $ threshhold, and trading at about a 10% discount. I think bigger capital gains will come there. If LCS discount becomes bigger than LFE, i may dive back in.
42 cents discount for LCS after distributions are figured in, i believe. Works out to about 5.8%..

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